U.S. Printed Circuit Assembly (Electronic Assembly) Market. Analysis And Forecast to 2025
The U.S. Remains Highly Dependent on Printed Circuit Assembly Imports, Particularly from China, Running a Trade Deficit of about 15.4 Billion USD
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In 2015, U.S. printed circuit assembly imports totaled X million USD, which was X% less than the year before.
From 2007 to 2015, U.S. printed circuit assembly imports showed mixed dynamics. A significant drop in 2008 was followed by slight growth in 2009. In 2010, imports reached a peak, only to suffer a dramatic fall in 2011. The next two years had minimal fluctuations,, until imports hiked in 2014 and slightly declined in 2015. With the exception of the short-term peak of 2010, imports failed to reach their peak level of 2007.
With a developed electronic industry, the U.S. remains one of the most attractive destinations for overseas suppliers.
In 2015, China (X million USD) was the dominating supplier of printed circuit assembly to the U.S., making up X% of U.S. imports. The Republic of Korea came in as a distant second, at X million USD (X%). These leaders were followed by Taiwan (X million USD), Malaysia (X million USD), and Mexico (X million USD).
Between 2007 and 2015, China had the highest growth rates of imports among the major suppliers, with a CAGR of +X%. Other major supplying countries showed negative dynamics. Malaysia displayed an especially deep decline of imports, tracking a -X% decrease over the last seven years.
China significantly strengthened its position in the U.S. import structure, increasing from X% in 2007 to X% in 2015. Meanwhile, Malaysia and Taiwan saw their shares reduced. The shares of the other countries remained relatively stable throughout the analysed period.
The U.S. was a net importer of printed circuit assembly. Net U.S. imports exhibited a mixed trend, marked by a decline in the trade deficit from 2007 to 2012, which was followed by growth from 2013 to 2015. This industry ended 2015 with a significant trade deficit of X billion USD.
Source: IndexBox AI Platform
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